Archive for February, 2010

Variable Annuities – Secondary market for annuities comes under pressure – InvestmentNews

Sunday, February 28th, 2010

Secondary market for annuities comes under pressure – InvestmentNews

Secondary market for annuities comes under pressure
InvestmentNews
Other companies think that there is a potential for growth when it comes to buying underwater variable annuities from clients who don't want them.

Retirement Safety Comes with Earnings Cap – U.S. News & World Report (blog)

Retirement Safety Comes with Earnings Cap
U.S. News & World Report (blog)
But while I love Social Security, it has been a lot harder to love annuities. Variable annuities, for example, are often called mutual funds wrapped inside

and more »

US Variable Annuity Sales Fall for Seventh Quarter – BusinessWeek

US Variable Annuity Sales Fall for Seventh Quarter
BusinessWeek
18 (Bloomberg) — Variable annuity sales in the US declined for a seventh straight quarter as life insurers increased prices on the equity-linked retirement
Sales of fixed, variable annuities fell in 2009InvestmentNews
Variable Annuities Slowly Recover, LIMRA FindsInsurance News Net (press release)
Annuity Sales Flounder in Fourth QuarterBankInvestmentConsultant.com

all 8 news articles »

VA assets surged in 4Q – but sales dwindled – InvestmentNews

VA assets surged in 4Q – but sales dwindled
InvestmentNews
When accounting for new sales only — and excluding surrenders and exchanges — net sales of variable annuities topped $2.9 billion in the final quarter of

and more »

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek

Hartford, Manulife's John Hancock Variable-Annuity Sales Fall
BusinessWeek
s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products.
MetLife top seller of annuities in 2009InvestmentNews
LIMRA Names Top 20 Annuity Writers in 2009Insurance Networking News

all 5 news articles »

Investors Recruit Terminally Ill To Outwit Insurers on Annuities – Wall Street Journal


The Business Insider
Investors Recruit Terminally Ill To Outwit Insurers on Annuities
Wall Street Journal
He recruited dozens of terminally ill people to, in effect, serve as paid fronts for purchases of the product, variable annuities.
Rhode Island Lawyer at Center of New Life Insurance ControversyThe Am Law Daily
'Terminally Ill? $2K in CASH' Schemers Profit Off of DeathNewser

all 9 news articles »

RI Lawyer Solicits Terminally Ill To Sell Annuities – CBS News (blog)

RI Lawyer Solicits Terminally Ill To Sell Annuities
CBS News (blog)
For years, insurers have been hawking variable annuities (VAs) as a perfect mix of tax-deferred investing and insurance. While the investments inside VAs

and more »

Sidestepping Skepticism, Prudential Scores with Variable Annuities – BankInvestmentConsultant.com

Sidestepping Skepticism, Prudential Scores with Variable Annuities
BankInvestmentConsultant.com
He said the attitude about variable annuities is beginning to change. “In the past 18 months, retirement savings have atrophied by 40% and that is starting

and more »

Secondary market for annuities comes under pressure – InvestmentNews

Secondary market for annuities comes under pressure
InvestmentNews
Other companies think that there is a potential for growth when it comes to buying underwater variable annuities from clients who don't want them.

Retirement Safety Comes with Earnings Cap – U.S. News & World Report (blog)

Retirement Safety Comes with Earnings Cap
U.S. News & World Report (blog)
But while I love Social Security, it has been a lot harder to love annuities. Variable annuities, for example, are often called mutual funds wrapped inside

and more »

US Variable Annuity Sales Fall for Seventh Quarter – BusinessWeek

US Variable Annuity Sales Fall for Seventh Quarter
BusinessWeek
18 (Bloomberg) — Variable annuity sales in the US declined for a seventh straight quarter as life insurers increased prices on the equity-linked retirement
Sales of fixed, variable annuities fell in 2009InvestmentNews
Variable Annuities Slowly Recover, LIMRA FindsInsurance News Net (press release)
Annuity Sales Flounder in Fourth QuarterBankInvestmentConsultant.com

all 8 news articles »

VA assets surged in 4Q – but sales dwindled – InvestmentNews

VA assets surged in 4Q – but sales dwindled
InvestmentNews
When accounting for new sales only — and excluding surrenders and exchanges — net sales of variable annuities topped $2.9 billion in the final quarter of

and more »

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek

Hartford, Manulife's John Hancock Variable-Annuity Sales Fall
BusinessWeek
s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products.
MetLife top seller of annuities in 2009InvestmentNews
LIMRA Names Top 20 Annuity Writers in 2009Insurance Networking News

all 5 news articles »

Investors Recruit Terminally Ill To Outwit Insurers on Annuities – Wall Street Journal


The Business Insider
Investors Recruit Terminally Ill To Outwit Insurers on Annuities
Wall Street Journal
He recruited dozens of terminally ill people to, in effect, serve as paid fronts for purchases of the product, variable annuities.
Rhode Island Lawyer at Center of New Life Insurance ControversyThe Am Law Daily
'Terminally Ill? $2K in CASH' Schemers Profit Off of DeathNewser

all 9 news articles »

RI Lawyer Solicits Terminally Ill To Sell Annuities – CBS News (blog)

RI Lawyer Solicits Terminally Ill To Sell Annuities
CBS News (blog)
For years, insurers have been hawking variable annuities (VAs) as a perfect mix of tax-deferred investing and insurance. While the investments inside VAs

and more »

Sidestepping Skepticism, Prudential Scores with Variable Annuities – BankInvestmentConsultant.com

Sidestepping Skepticism, Prudential Scores with Variable Annuities
BankInvestmentConsultant.com
He said the attitude about variable annuities is beginning to change. “In the past 18 months, retirement savings have atrophied by 40% and that is starting

and more »

Variable Annuities – VA assets surged in 4Q – but sales dwindled – InvestmentNews

Sunday, February 28th, 2010

VA assets surged in 4Q – but sales dwindled – InvestmentNews

VA assets surged in 4Q – but sales dwindled
InvestmentNews
When accounting for new sales only — and excluding surrenders and exchanges — net sales of variable annuities topped $2.9 billion in the final quarter of

and more »

VA assets surged in 4Q – but sales dwindled – InvestmentNews

VA assets surged in 4Q – but sales dwindled
InvestmentNews
When accounting for new sales only — and excluding surrenders and exchanges — net sales of variable annuities topped $2.9 billion in the final quarter of

and more »

Variable Annuities – Humberto Cruz: Groups push ‘fiduciary standard’ for anyone giving – La Crosse Tribune

Sunday, February 28th, 2010

Humberto Cruz: Groups push ‘fiduciary standard’ for anyone giving – La Crosse Tribune
On the Web site of the brokerage firm Edward Jones (www.edwardjones. com), under the information and accolades about the company and its investment insights, you’ll find the words “Revenue Sharing Information” near the left-hand corner of the home

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

Retirement Safety Comes with Earnings Cap – US News and World Report
You probably know that the White House’s middle class task force has proposed a new retirement account. It would be funded with an employee’s own money, and designed to produce reliable, if modest, returns — think Social Security Junior. By

Consumer groups push for standards – Record
provide meaningful investor protection” in the sale of variable annuities, said Denise Voigt Crawford, Texas securities commissioner and president of NASAA, a group of state regulators. An adviser recommending a variable annuity – a product that

UPDATE 3-Japan’s Dai-ichi Life plans $11.7 bln IPO – Reuters
TOKYO, Feb 22 (Reuters) – Dai-ichi Mutual Life Insurance, Japan’s second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country’s biggest initial public offering in more than a decade

Secondary market for annuities comes under pressure – InvestmentNews
The nascent secondary market for annuities and their guaranteed benefits could be stunted as the result of a vote last week by state insurance regulators to allow carriers to terminate the annuity benefits if a client sells the contract. Last Monday

Humberto Cruz: Groups push ‘fiduciary standard’ for anyone giving – La Crosse Tribune
On the Web site of the brokerage firm Edward Jones (www.edwardjones. com), under the information and accolades about the company and its investment insights, you’ll find the words “Revenue Sharing Information” near the left-hand corner of the home

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

Retirement Safety Comes with Earnings Cap – US News and World Report
You probably know that the White House’s middle class task force has proposed a new retirement account. It would be funded with an employee’s own money, and designed to produce reliable, if modest, returns — think Social Security Junior. By

Consumer groups push for standards – Record
provide meaningful investor protection” in the sale of variable annuities, said Denise Voigt Crawford, Texas securities commissioner and president of NASAA, a group of state regulators. An adviser recommending a variable annuity – a product that

UPDATE 3-Japan’s Dai-ichi Life plans $11.7 bln IPO – Reuters
TOKYO, Feb 22 (Reuters) – Dai-ichi Mutual Life Insurance, Japan’s second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country’s biggest initial public offering in more than a decade

Secondary market for annuities comes under pressure – InvestmentNews
The nascent secondary market for annuities and their guaranteed benefits could be stunted as the result of a vote last week by state insurance regulators to allow carriers to terminate the annuity benefits if a client sells the contract. Last Monday

Variable Annuities – RI Lawyer Solicits Terminally Ill To Sell Annuities – CBS News (blog)

Sunday, February 28th, 2010

RI Lawyer Solicits Terminally Ill To Sell Annuities – CBS News (blog)

RI Lawyer Solicits Terminally Ill To Sell Annuities
CBS News (blog)
For years, insurers have been hawking variable annuities (VAs) as a perfect mix of tax-deferred investing and insurance. While the investments inside VAs

and more »

Secondary market for annuities comes under pressure – InvestmentNews

Secondary market for annuities comes under pressure
InvestmentNews
Other companies think that there is a potential for growth when it comes to buying underwater variable annuities from clients who don't want them.

Indexed annuity sales can’t overcome variable, fixed annuity declines – IFAwebnews.com

Indexed annuity sales can't overcome variable, fixed annuity declines
IFAwebnews.com
By IFAwebnews Staff Variable annuity sales, after falling 26% in the first six months of last year, perked up enough to erase some of those losses for the

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek

Hartford, Manulife's John Hancock Variable-Annuity Sales Fall
BusinessWeek
s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products.
MetLife top seller of annuities in 2009InvestmentNews
LIMRA Names Top 20 Annuity Writers in 2009Insurance Networking News

all 5 news articles »

Sidestepping Skepticism, Prudential Scores with Variable Annuities – BankInvestmentConsultant.com

Sidestepping Skepticism, Prudential Scores with Variable Annuities
BankInvestmentConsultant.com
He said the attitude about variable annuities is beginning to change. “In the past 18 months, retirement savings have atrophied by 40% and that is starting

and more »

Investors Recruit Terminally Ill To Outwit Insurers on Annuities – Wall Street Journal


The Business Insider
Investors Recruit Terminally Ill To Outwit Insurers on Annuities
Wall Street Journal
He recruited dozens of terminally ill people to, in effect, serve as paid fronts for purchases of the product, variable annuities.
Rhode Island Lawyer at Center of New Life Insurance ControversyThe Am Law Daily
'Terminally Ill? $2K in CASH' Schemers Profit Off of DeathNewser

all 9 news articles »

RI Lawyer Solicits Terminally Ill To Sell Annuities – CBS News (blog)

RI Lawyer Solicits Terminally Ill To Sell Annuities
CBS News (blog)
For years, insurers have been hawking variable annuities (VAs) as a perfect mix of tax-deferred investing and insurance. While the investments inside VAs

and more »

Secondary market for annuities comes under pressure – InvestmentNews

Secondary market for annuities comes under pressure
InvestmentNews
Other companies think that there is a potential for growth when it comes to buying underwater variable annuities from clients who don't want them.

Indexed annuity sales can’t overcome variable, fixed annuity declines – IFAwebnews.com

Indexed annuity sales can't overcome variable, fixed annuity declines
IFAwebnews.com
By IFAwebnews Staff Variable annuity sales, after falling 26% in the first six months of last year, perked up enough to erase some of those losses for the

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek

Hartford, Manulife's John Hancock Variable-Annuity Sales Fall
BusinessWeek
s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products.
MetLife top seller of annuities in 2009InvestmentNews
LIMRA Names Top 20 Annuity Writers in 2009Insurance Networking News

all 5 news articles »

Sidestepping Skepticism, Prudential Scores with Variable Annuities – BankInvestmentConsultant.com

Sidestepping Skepticism, Prudential Scores with Variable Annuities
BankInvestmentConsultant.com
He said the attitude about variable annuities is beginning to change. “In the past 18 months, retirement savings have atrophied by 40% and that is starting

and more »

Investors Recruit Terminally Ill To Outwit Insurers on Annuities – Wall Street Journal


The Business Insider
Investors Recruit Terminally Ill To Outwit Insurers on Annuities
Wall Street Journal
He recruited dozens of terminally ill people to, in effect, serve as paid fronts for purchases of the product, variable annuities.
Rhode Island Lawyer at Center of New Life Insurance ControversyThe Am Law Daily
'Terminally Ill? $2K in CASH' Schemers Profit Off of DeathNewser

all 9 news articles »

Variable Annuities – AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money

Sunday, February 28th, 2010

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

Secondary market for annuities comes under pressure – InvestmentNews
The nascent secondary market for annuities and their guaranteed benefits could be stunted as the result of a vote last week by state insurance regulators to allow carriers to terminate the annuity benefits if a client sells the contract. Last Monday

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

A.M. Best: Life Insurers Take Stock and Lay Groundwork for Recovery – Insurance News Net
The life insurance industry so far has survived the financial crisis-bruised certainly-but generally healthier than its financial services peers. The industry’s asset side and capital strength was most notably affected. While capital measures have

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

Why brokers’ ethical standard needs an upgrade – Herald Tribune
that pay Edward Jones when it sells their products, including mutual funds, college savings plans and annuities that account for virtually all of Edward Jones’ sales in those areas. These payments recommending a variable annuity — a product

Form 10-K for METLIFE INC – YAHOO!
For purposes of this discussion, “MetLife” or the “Company” refers to MetLife, Inc., a Delaware corporation incorporated in 1999 (the “Holding Company”), and its subsidiaries, including Metropolitan Life Insurance Company (”MLIC”). Following this

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

Humberto Cruz: Groups push ‘fiduciary standard’ for anyone giving – La Crosse Tribune
On the Web site of the brokerage firm Edward Jones (www.edwardjones. com), under the information and accolades about the company and its investment insights, you’ll find the words “Revenue Sharing Information” near the left-hand corner of the home

Consumer groups push for standards – Record
On the Web site of the brokerage firm Edward Jones under the information and accolades about the company and its investment insights, you’ll find the words “Revenue Sharing Information” near the left-hand corner of the home page. If you click on the

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

Secondary market for annuities comes under pressure – InvestmentNews
The nascent secondary market for annuities and their guaranteed benefits could be stunted as the result of a vote last week by state insurance regulators to allow carriers to terminate the annuity benefits if a client sells the contract. Last Monday

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

A.M. Best: Life Insurers Take Stock and Lay Groundwork for Recovery – Insurance News Net
The life insurance industry so far has survived the financial crisis-bruised certainly-but generally healthier than its financial services peers. The industry’s asset side and capital strength was most notably affected. While capital measures have

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

Why brokers’ ethical standard needs an upgrade – Herald Tribune
that pay Edward Jones when it sells their products, including mutual funds, college savings plans and annuities that account for virtually all of Edward Jones’ sales in those areas. These payments recommending a variable annuity — a product

Form 10-K for METLIFE INC – YAHOO!
For purposes of this discussion, “MetLife” or the “Company” refers to MetLife, Inc., a Delaware corporation incorporated in 1999 (the “Holding Company”), and its subsidiaries, including Metropolitan Life Insurance Company (”MLIC”). Following this

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

Humberto Cruz: Groups push ‘fiduciary standard’ for anyone giving – La Crosse Tribune
On the Web site of the brokerage firm Edward Jones (www.edwardjones. com), under the information and accolades about the company and its investment insights, you’ll find the words “Revenue Sharing Information” near the left-hand corner of the home

Consumer groups push for standards – Record
On the Web site of the brokerage firm Edward Jones under the information and accolades about the company and its investment insights, you’ll find the words “Revenue Sharing Information” near the left-hand corner of the home page. If you click on the

Variable Annuities – Why brokers’ ethical standard needs an upgrade – Herald Tribune

Saturday, February 27th, 2010

Why brokers’ ethical standard needs an upgrade – Herald Tribune
that pay Edward Jones when it sells their products, including mutual funds, college savings plans and annuities that account for virtually all of Edward Jones’ sales in those areas. These payments recommending a variable annuity — a product

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

No time like the future if you want to sign up for an annuity – Scotsman.com
Recent years have produced a raft of so-called variable annuity products offering a combination of income draw down and conventional annuities. Now, though, more choice is available for those looking for extra flexibility in traditional annuities.

UPDATE 3-Japan’s Dai-ichi Life plans $11.7 bln IPO – Reuters
TOKYO, Feb 22 (Reuters) – Dai-ichi Mutual Life Insurance, Japan’s second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country’s biggest initial public offering in more than a decade

MetLife top seller of annuities in 2009 – InvestmentNews
That put it second on the list, surpassing MetLife, which registered $6.97 billion in fixed-annuity sales.

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

VA assets surged in 4Q – but sales dwindled – InvestmentNews
Variable annuity assets climbed to $1.35 trillion in the fourth quarter — thanks in large part to the recovery in the stock market. The $1.35 trillion total, according to data from the Insured Retirement Institute, represented a 20% increase from

Why brokers’ ethical standard needs an upgrade – Herald Tribune
that pay Edward Jones when it sells their products, including mutual funds, college savings plans and annuities that account for virtually all of Edward Jones’ sales in those areas. These payments recommending a variable annuity — a product

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

No time like the future if you want to sign up for an annuity – Scotsman.com
Recent years have produced a raft of so-called variable annuity products offering a combination of income draw down and conventional annuities. Now, though, more choice is available for those looking for extra flexibility in traditional annuities.

UPDATE 3-Japan’s Dai-ichi Life plans $11.7 bln IPO – Reuters
TOKYO, Feb 22 (Reuters) – Dai-ichi Mutual Life Insurance, Japan’s second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country’s biggest initial public offering in more than a decade

MetLife top seller of annuities in 2009 – InvestmentNews
That put it second on the list, surpassing MetLife, which registered $6.97 billion in fixed-annuity sales.

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

VA assets surged in 4Q – but sales dwindled – InvestmentNews
Variable annuity assets climbed to $1.35 trillion in the fourth quarter — thanks in large part to the recovery in the stock market. The $1.35 trillion total, according to data from the Insured Retirement Institute, represented a 20% increase from

Variable Annuities – Why brokers’ ethical standard needs an upgrade – Herald Tribune

Saturday, February 27th, 2010

Why brokers’ ethical standard needs an upgrade – Herald Tribune
that pay Edward Jones when it sells their products, including mutual funds, college savings plans and annuities that account for virtually all of Edward Jones’ sales in those areas. These payments recommending a variable annuity — a product

Allianz Life Reports Solid Operating Profits and Premium for 2009 – Businesswire.com
MINNEAPOLIS–( BUSINESS WIRE )–Minneapolis-based Allianz Life Insurance Company of North America ( Allianz Life ) today posted the highest operating profit in the company’s 110-year history at nearly $800MM for its 2009 financial year. The results

VA assets surged in 4Q – but sales dwindled – InvestmentNews
Variable annuity assets climbed to $1.35 trillion in the fourth quarter — thanks in large part to the recovery in the stock market. The $1.35 trillion total, according to data from the Insured Retirement Institute, represented a 20% increase from

No time like the future if you want to sign up for an annuity – Scotsman.com
Recent years have produced a raft of so-called variable annuity products offering a combination of income draw down and conventional annuities. Now, though, more choice is available for those looking for extra flexibility in traditional annuities.

UPDATE 3-Japan’s Dai-ichi Life plans $11.7 bln IPO – Reuters
TOKYO, Feb 22 (Reuters) – Dai-ichi Mutual Life Insurance, Japan’s second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country’s biggest initial public offering in more than a decade

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

MetLife top seller of annuities in 2009 – InvestmentNews
That put it second on the list, surpassing MetLife, which registered $6.97 billion in fixed-annuity sales.

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

Why brokers’ ethical standard needs an upgrade – Herald Tribune
that pay Edward Jones when it sells their products, including mutual funds, college savings plans and annuities that account for virtually all of Edward Jones’ sales in those areas. These payments recommending a variable annuity — a product

Allianz Life Reports Solid Operating Profits and Premium for 2009 – Businesswire.com
MINNEAPOLIS–( BUSINESS WIRE )–Minneapolis-based Allianz Life Insurance Company of North America ( Allianz Life ) today posted the highest operating profit in the company’s 110-year history at nearly $800MM for its 2009 financial year. The results

VA assets surged in 4Q – but sales dwindled – InvestmentNews
Variable annuity assets climbed to $1.35 trillion in the fourth quarter — thanks in large part to the recovery in the stock market. The $1.35 trillion total, according to data from the Insured Retirement Institute, represented a 20% increase from

No time like the future if you want to sign up for an annuity – Scotsman.com
Recent years have produced a raft of so-called variable annuity products offering a combination of income draw down and conventional annuities. Now, though, more choice is available for those looking for extra flexibility in traditional annuities.

UPDATE 3-Japan’s Dai-ichi Life plans $11.7 bln IPO – Reuters
TOKYO, Feb 22 (Reuters) – Dai-ichi Mutual Life Insurance, Japan’s second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country’s biggest initial public offering in more than a decade

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

RMI2 welcomes three new companies – Northern Colorado Business Report
As of early February, the incubator had accepted three new companies In order to focus on product development, Crashboxx intends to deploy an annuity business model for its sales effort – the same model used in the cellular phone industry.

MetLife top seller of annuities in 2009 – InvestmentNews
That put it second on the list, surpassing MetLife, which registered $6.97 billion in fixed-annuity sales.

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

Variable Annuities – MetLife top seller of annuities in 2009 – InvestmentNews

Saturday, February 27th, 2010

MetLife top seller of annuities in 2009 – InvestmentNews
That put it second on the list, surpassing MetLife, which registered $6.97 billion in fixed-annuity sales.

MetLife top seller of annuities in 2009 – InvestmentNews
That put it second on the list, surpassing MetLife, which registered $6.97 billion in fixed-annuity sales.

Variable Annuities – Hot Off the Wire – dBusinessNews.com

Saturday, February 27th, 2010

Hot Off the Wire – dBusinessNews.com
NEW YORK–(BUSINESS WIRE)– American International Group, Inc. (AIG) today reported a net loss attributable to AIG common shareholders of $8.9 billion for the fourth quarter of 2009, or $65.51 per diluted common share, compared to a net loss of $61.7

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

Hot Off the Wire – dBusinessNews.com
NEW YORK–(BUSINESS WIRE)– American International Group, Inc. (AIG) today reported a net loss attributable to AIG common shareholders of $8.9 billion for the fourth quarter of 2009, or $65.51 per diluted common share, compared to a net loss of $61.7

Hartford, Manulife’s John Hancock Variable-Annuity Sales Fall – BusinessWeek
Feb. 26 (Bloomberg) — Hartford Financial Services Group Inc. and Manulife Financial Corp.’s John Hancock unit are among life insurers with falling revenue from variable annuities as companies boost prices on the equity-linked retirement products

Variable Annuities – AnnuityQuoteNow.com Allows People to Compare Annuities without Leaving – PRLog (free press release)

Friday, February 26th, 2010

AnnuityQuoteNow.com Allows People to Compare Annuities without Leaving – PRLog (free press release)
PR Log (Press Release) – Feb 26, 2010 – We have launched this site to give people who want to invest money, all necessary information about insurance, and the choices available after they compare annuities from various insurance companies

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

Allianz Life Reports Solid Operating Profits and Premium for 2009 – Businesswire.com
About Allianz Life Founded in 1896, Allianz Life provides an array of annuities and life insurance products in the U.S. through a nationwide network of guarantees are backed by the financial strength and claims-paying ability of Allianz Life

AnnuityQuoteNow.com Allows People to Compare Annuities without Leaving – PRLog (free press release)
PR Log (Press Release) – Feb 26, 2010 – We have launched this site to give people who want to invest money, all necessary information about insurance, and the choices available after they compare annuities from various insurance companies

AIG Reports Fourth Quarter and Full Year 2009 Results – MSN Money
(a) Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009. (b) Basic shares outstanding were used as the effect of common stock equivalents would have been anti

MetLife and John Hancock Finance SunPower’s 19-Megawatt Xcel Energy – Stockhouse
We look forward to the successful completion of the solar power plant in Alamosa later this year.” The plant will use SunPower(R) T20 Tracker systems, which tilt companies offer life insurance, annuities, auto and home insurance, retail banking

Allianz Life Reports Solid Operating Profits and Premium for 2009 – Businesswire.com
About Allianz Life Founded in 1896, Allianz Life provides an array of annuities and life insurance products in the U.S. through a nationwide network of guarantees are backed by the financial strength and claims-paying ability of Allianz Life